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What is a coercive incentive?

In: Economics [Edit categories]

Answer:

said to exist where a person can expect that the failure to act in a particular way will result in physical force being used against her (or her loved ones) by others in the community - for example, by inflicting pain in punishment, or by imprisoning her, or by confiscating or destroying her possessions.

First answer by ID1254454507. Last edit by ID1254454507. Question popularity: 1 [recommend question].

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